Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 12-01-2018 , and ending 11-30-2019
Name of foundation
THE STRANDBERG FAMILY FOUNDATION
C/O JEFFREY C KIRWOOD
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 9389
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
AVON, CO81620
A Employer identification number

47-2625117
B Telephone number (see instructions)

(970) 688-4188
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$39,668,357
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 164,821
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 732,342 731,928  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,425,758
b Gross sales price for all assets on line 6a 2,270,848
7 Capital gain net income (from Part IV, line 2)... 1,425,692
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 19,293 19,293 0
12 Total. Add lines 1 through 11........ 2,342,214 2,176,913 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 18,000 9,000 0 9,000
c Other professional fees (attach schedule).... 18,014 18,014 0 0
17 Interest............... 962 962 0 0
18 Taxes (attach schedule) (see instructions)... 48,023 48,023 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 119,678 17,056 0 1,333
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 204,677 93,055 0 10,333
25 Contributions, gifts, grants paid....... 1,963,341 1,963,341
26 Total expenses and disbursements. Add lines 24 and 25 2,168,018 93,055 0 1,973,674
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 174,196
b Net investment income (if negative, enter -0-) 2,083,858
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 17,031 64,588 64,588
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 33,863,130 Click to see attachment34,850,164 34,850,164
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,905,141 Click to see attachment4,754,605 4,753,605
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 37,785,302 39,669,357 39,668,357
Liabilities 17 Accounts payable and accrued expenses.......... 16,375 23,125
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 16,375 23,125
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 37,768,927 39,646,232
30 Total net assets or fund balances (see instructions)..... 37,768,927 39,646,232
31 Total liabilities and net assets/fund balances (see instructions). 37,785,302 39,669,357
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
37,768,927
2
Enter amount from Part I, line 27a .....................
2
174,196
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,733,109
4
Add lines 1, 2, and 3 ..........................
4
39,676,232
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
30,000
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
39,646,232
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b FROM PASSTHROUGH P    
c SEC 1231 FROM PASSTHROUGH P    
d CAPITAL GAINS DIVIDENDS P    
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 940,104   844,034 96,070
b 57,710     57,710
c     1,122 -1,122
d 1,273,034     1,273,034
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       96,070
b       57,710
c       -1,122
d       1,273,034
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 1,425,692
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 1,453,175 39,500,705 0.036789
2016 815,988 29,803,339 0.027379
2015 409,157 16,752,765 0.024423
2014 21,960 8,805,333 0.002494
2013      
2
Total of line 1, column (d) .....................
2
0.091085
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.022771
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
37,983,952
5
Multiply line 4 by line 3......................
5
864,933
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
20,839
7
Add lines 5 and 6........................
7
885,772
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,973,674
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 20,839
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 20,839
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 20,839
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 25,509
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 25,509
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 4,670
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet4,670 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletJEFFREY C KIRWOOD Telephone no.bullet (970) 688-4188

    Located atbullet90 BENCHMARK ROAD SUITE 201AVONCO ZIP+4bullet81620
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DIANA S STRANDBERG TRUSTEE
    0.00
    0 0 0
    8181 E TUFTS AVE SUITE 600
    DENVER,CO80237
    STEVEN F STRANDBERG TRUSTEE
    0.00
    0 0 0
    8181 E TUFTS AVE SUITE 600
    DENVER,CO80237
    JEFFREY C KIRWOOD ADMINSTRATIVE MANAGER
    0.00
    0 0 0
    90 BENCHMARK ROAD
    AVON,CO81620
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    33,770,622
    b
    Average of monthly cash balances.......................
    1b
    37,161
    c
    Fair market value of all other assets (see instructions)................
    1c
    4,754,605
    d
    Total (add lines 1a, b, and c).........................
    1d
    38,562,388
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    38,562,388
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    578,436
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    37,983,952
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,899,198
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,899,198
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    20,839
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    20,839
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,878,359
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,878,359
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,878,359
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,973,674
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,973,674
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    20,839
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,952,835
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2017
    (c)
    2017
    (d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 1,878,359
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 1,917,193
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,973,674
    a Applied to 2017, but not more than line 2a 1,917,193
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2018 distributable amount..... 56,481
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........
    1,821,878
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    DIANA S STRANDBERG
    STEVEN F STRANDBERG
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    JEFFREY C KIRWOOD CO ASPEN GROVE
    PO BOX 9389
    AVON,CO81620
    (970) 688-4188
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS MUST BE SUBMITTED IN WRITING DESCRIBING THE ORGANIZATION, GOALS FOR THE FUTURE, FUNDS REQUESTED, AND THE PURPOSE FOR WHICH THE FUNDS WILL BE USED.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE FOUNDATION SUPPORTS PROGRAMS OF CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES WITHIN THE MEANING OF THOSE ITEMS USED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    ARCH COMMUNITY HOUSING TRUST INC
    PO BOX 1292
    KETCHUM,ID83340
    NONE PC TO DEVELOP SAFE, PERMANENTLY AFFORDABLE HOUSING TO LOW AND MODERATE INCOME PERSONS AND TO WORK WITH ALL INTERESTED PUBLIC AND PRIVATE PARTIES TOWARD THIS GOAL. 10,198
    ARCS FOUNDATION INC
    PO BOX 2649
    LAGRANGE,GA30241
    NONE PC ADVANCES SCIENCE AND TECHNOLOGY IN THE UNITED STATES BY PROVIDING FINANCIAL AWARDS TO ACADEMICALLY OUTSTANDING U.S. CITIZENS STUDYING TO COMPLETE DEGREES IN SCIENCE, ENGINEERING AND MEDICAL RESEARCH. 10,441
    BAY AREA DISCOVERY MUSEUM
    557 MCREYNOLDS ROAD
    SAUSALITO,CA94965
    NONE PC THE MISSION OF THE BAY AREA DISCOVERY MUSEUM IS TO IGNITE AND ADVANCE CREATIVE THINKING FOR ALL CHILDREN. 25,463
    BLAINE COUNTY RECREATION DISTRICT
    1050 FOX ACRES RD
    HAILEY,ID83333
    NONE PC THE VALUED SUPPORT OF OUR COMMUNITY BRINGS QUALITY, AFFORDABLE, ACCESSIBLE RECREATION TO OUR COMMUNITY. 10,000
    BOYS AND GIRLS CLUB OF SF (BGCSF)
    380 FULTON STREET
    SAN FRANCISCO,CA94115
    NONE PC TO INSPIRE AND ENABLE ALL YOUNG PEOPLE, ESPECIALLY THOSE FROM DISADVANTAGED CIRCUMSTANCES, TO REALIZE THEIR FULL POTENTIAL AS PRODUCTIVE, RESPONSIBLE AND CARING CITIZENS. 127,855
    BREAKTHROUGH COLLABORATIVE
    PO BOX 71420
    OAKLAND,CA94612
    NONE PC BREAKTHROUGH COLLABORATIVE IS A NETWORK OF 25 AFFILIATES ACROSS THE US AND IN HONG KONG. BREAKTHROUGH ADDRESSES EDUCATION INEQUITY BY INNOVATING AT THREE CRITICAL POINTS: 5,154
    CENTER FOR DISASTER PHILANTHROP
    ONE THOMAS CIRCLE NW SUITE 700
    WASHINGTON,DC20005
    NONE PC TRANSFORM THE FIELD OF DISASTER PHILANTHROPY TO INCREASE DONOR EFFECTIVENESS THROUGHOUT THE LIFECYCLE OF DISASTERS THROUGH OUR EDUCATIONAL RESOURCES, FUND OPPORTUNITIES AND STRATEGIC GUIDANCE. 20,561
    CENTRE POMPIDOU FOUNDATION
    117 W 9TH ST STE 901
    LOS ANGELES,CA90015
    NONE PC THE FOUNDATION'S MISSION IS TO ACQUIRE AND TO ENCOURAGE GIFTS OF ART AND DESIGN OF THE AMERICAS FOR GIFT OR LOAN TO THE PERMANENT COLLECTIONS OF THE CENTRE POMPIDOU MUSEUM. 40,000
    COMMON SENSE MEDIA
    650 TOWNSEND STE 435
    SAN FRANCISCO,CA94103
    NONE PC THE NATION'S LEADING NONPROFIT DEDICATED TO IMPROVING THE LIVES OF KIDS AND FAMILIES BY PROVIDING THE TRUSTWORTHY INFORMATION, EDUCATION, AND INDEPENDENT VOICE THEY NEED TO THRIVE IN A WORLD OF MEDIA AND TECHNOLOGY. 10,441
    DEERFIELD ACADEMY
    PO BOX 87
    DEERFIELD,MA01342
    NONE PC DEERFIELD ACADEMY IS AN INDEPENDENT SECONDARY SCHOOL COMMITTED TO HIGH STANDARDS OF SCHOLARSHIP, CITIZENSHIP, AND PERSONAL RESPONSIBILITY. THROUGH A RIGOROUS LIBERAL ARTS CURRICULUM, EXTENSIVE CO-CURRICULAR PROGRAM, AND SUPPORTIVE RESIDENTIAL ENVIRONMENT, DEERFIELD ENCOURAGES EACH STUDENT TO DEVELOP AN INQUISITIVE AND CREATIVE MIND, SOUND BODY, AND STRONG MORAL CHARACTER. 25,400
    JACKSON HOLE LAND TRUST ACCOUNT
    PO BOX 2897
    JACKSON,WY83001
    NONE PC THE JHLT IS A PRIVATE, NONPROFIT THAT WAS ESTABLISHED IN 1980. THE LAND TRUST'S MISSION IS TO PROTECT AND STEWARD THE TREASURED LANDSCAPES OF NORTHWEST WYOMING. 5,152
    JACKSON HOLE SKI & SNOWBOARD CL
    PO BOX 461
    JACKSON,WY83001
    NONE PC TO INSPIRE FUN, FITNESS, SPORTSMANSHIP AND PERSONAL ACHIEVEMENT IN SKIING AND SNOWBOARDING THROUGH TRAINING, COMPETITION, ACADEMIC SUPPORT AND COMMUNITY INVOLVEMENT. 5,000
    KIPP BAY AREA SCHOOLS
    1404 FRANKLIN STREET STE 500
    OAKLAND,CA94612
    NONE PC KIPP BAY AREA SCHOOLS OPERATES HIGH-PERFORMING, COLLEGE-PREPARATORY PUBLIC CHARTER SCHOOLS IN THE SAN FRANCISCO BAY AREA KIPP BAY AREA SCHOOLS IS PART OF THE NATIONALLY ACCLAIMED KIPP NETWORK OF SCHOOLS KIPP SCHOOLS NATIONWIDE SUCCESSFULLY HELP STUDENTS FROM EDUCATIONALLY UNDERSERVED COMMUNITIES DEVELOP THE KNOWLEDGE, SKILLS, AND CHARACTER NEEDED TO SUCCEED IN COLLEGE AND THE COMPETITIVE WORLD BEYOND. 25,741
    KQED INC
    2601 MARIPOSA ST
    SAN FRANCISCO,CA94110
    NONE PC PROVIDE CITIZENS WITH THE KNOWLEDGE THEY NEED TO MAKE INFORMED DECISIONS 10,198
    LARKIN STREET YOUTH
    134 GOLDEN GATE AVENUE
    SAN FRANCISCO,CA94102
    NONE PC LARKIN STREET YOUTH SERVICES' MISSION IS TO CREATE A CONTINUUM OF SERVICES THAT INSPIRES YOUTH TO MOVE BEYOND THE STREET. WE WILL NURTURE POTENTIAL, PROMOTE DIGNITY, AND SUPPORT BOLD STEPS BY ALL. 5,120
    MOUNTAIN HUMANE
    PO BOX 1496
    HAILEY,ID83333
    NONE PC TO IMPROVE THE QUALITY OF LIFE IN OUR COMMUNITY BY CONNECTING ANIMALS AND PEOPLE. 20,920
    NARAL
    1725 EYE ST NW SUITE 900
    WASHINGTON,DC20006
    NONE PC TO SUPPORT, AS A FUNDAMENTAL RIGHT AND VALUE, A WOMAN'S FREEDOM TO MAKE PERSONAL DECISIONS REGARDING THE FULL RANGE OF REPRODUCTIVE CHOICES THROUGH EDUCATION, TRAINING, ORGANIZING, LEGAL ACTION AND PUBLIC POLICY. 10,198
    NATIONAL NORDIC FOUNDATION
    143 LEXINGTON PKWY N
    SAINT PAUL,MN55104
    NONE PC TO SUPPORT ATHLETIC EXCELLENCE IN DEVELOPING NORDIC ATHLETES IN THE UNITED STATES. 20,817
    PANCREATIC CANCER NETWORK
    1500 ROSECRANS AVE SUITE 200
    MANHATTAN BEACH,CA90266
    NONE PC THE PANCREATIC CANCER ACTION NETWORK (PANCAN) IS DEDICATED TO FIGHTING THE WORLD'S TOUGHEST CANCER. IN OUR URGENT MISSION TO SAVE LIVES, WE ATTACK PANCREATIC CANCER ON ALL FRONTS: RESEARCH, CLINICAL INITIATIVES, PATIENT SERVICES AND ADVOCACY. OUR EFFORT IS AMPLIFIED BY A NATIONWIDE NETWORK OF GRASSROOTS SUPPORT. WE ARE DETERMINED TO IMPROVE PATIENT OUTCOMES TODAY AND TO DOUBLE SURVIVAL BY 2020. 5,313
    PAN-MASS CHALLENGE
    77 FOURTH AVE
    NEEDHAM,MA02494
    NONE PC THE MISSION OF THE PAN-MASSACHUSETTS CHALLENGE IS TO RAISE MONEY FOR LIFE-SAVING CANCER CARE AND RESEARCH AT DANA-FARBER CANCER INSTITUTE THROUGH ITS JIMMY FUND. THE CATALYST FOR THE FUNDRAISING EFFORT IS A BIKE-A-THON THAT CROSSES THE COMMONWEALTH OF MASSACHUSETTS. 1,000
    SAN FRANCISCO SPCA
    201 ALABAMA STREET
    SAN FRANCISCO,CA94103
    NONE PC TO SAVE/PROTECT ANIMALS, PROVIDE CARE, ADVOCATE FOR THEIR WELFARE, ENHANCE THE HUMAN-ANIMAL BOND. 10,198
    SF GENERAL HOSPITAL FOUNDATION
    PO BOX 410836
    SAN FRANCISCO,CA94141
    NONE PC OUR MISSION IS TO PROMOTE EXCELLENCE IN RESEARCH, EDUCATION AND CARE FOR ALL AT ZUCKERBERG SAN FRANCISCO GENERAL HOSPITAL AND TRAUMA CENTER. 10,203
    SF MUSEUM OF MODERN ART
    151 THIRD STREET
    SAN FRANCISCO,CA94103
    NONE PC SFMOMA SEEKS TO ENGAGE A VARIED AUDIENCE WITH THE IDEAS, FORMS, AND MAKERS OF THE ART OF OUR TIME. THROUGH AN ACTIVE PROGRAM OF COLLECTIONS, CONSERVATION, EXHIBITIONS, EDUCATION, PUBLICATIONS, AND RESERCH ACTIVITIES, THE MUSEUM TRACES THE HISTORY OF MODERN ART AND ITS CONTINUING DEVELOPMENT. INTERNATIONAL IN SCOPE, WHILE REFLECTING THE DISTINCTIVE CHARACTER OF THE BAY AREA, THE MUSEUM IS COMMITTTED TO EXPOLORING THE EXPRESSIONS OF VISUAL CULTURE AND THE SINGULAR ACHIEVEMENTS OF INDIVIDUAL ARTISTS, ENCOURAGING THE CONTEST OF VALUES AND BELIEFS, AND INSPIRING DISCOVERY FOR THE ENRICHMENT OF PEOPLE'S LIVES. 93,152
    SMITHSONIAN INSTITUTION
    PO BOX 37012 MRC 035
    WASHINGTON,DC20013
    NONE PC THE INSTITUTION IS AS AN INDEPENDENT TRUST INSTRUMENTALITY OF THE UNITED STATES AND HOLDS MORE THAN 137 MILLION ARTIFACTS AND SPECIMENS IN ITS COLLECTIONS. IT IS A CENTER FOR SCIENTIFIC RESEARCH AND SCHOLARSHIP IN THE ARTS, HISTORY AND CULTURE. 25,198
    SUMMER SEARCH
    101 HOWARD STREET STE 250
    SAN FRANCISCO,CA94105
    NONE PC EMPOWERING STUDENTS FROM LOW-INCOME COMMUNITIES ON A SUCCESSFUL LIFE PATH. 233,139
    SUN VALLEY INSTITUTE
    PO BOX 5569
    KETCHUM,ID83340
    NONE PC THE PURPOSE OF THE ORGANIZATION IS TO SUPPORT PUBLIC EDUCATION ON ENVIRONMENTAL RESILIENCE, ECONOMIC PROSPERITY, AND HUMAN WELL-BEING IN THE WOOD RIVER VALLEY REGION OF IDAHO. THE ORGANIZATION'S OBJECTIVES ARE TO BUILD RESILIENCE IN THE LOCAL COMMUNITY, AND SERVE AS A RESOURCE FOR OTHER HIGHLY VULNERABLE COMMUNITIES AROUND THE WORLD. 15,000
    SUN VALLEY SKI EDUCATION FNDN
    PO BOX 203
    SUN VALLEY,ID83353
    NONE PC TO PROVIDE EXCEPTIONAL SNOWSPORT PROGRAMS FOR THE YOUTH OF THE WOOD RIVER VALLEY THEREBY ENABLING EACH PARTICIPANT TO REACH HIS/HER ATHLETIC POTENTIAL, WHILE DEVELOPING STRONG PERSONAL CHARACTER THROUGH GOOD SPORTSMANSHIP, STRONG VALUES, AND INDIVIDUAL GOALS 10,000
    THE BATTERY FOUNDATION
    387 TEHAMA ST
    SAN FRANCISCO,CA94103
    NONE PC TO INCREASE CHARITABLE GIVING BY CONNECTING PHILANTHROPISTS TO NONPROFIT ORGANIZATIONS AND CAUSES THAT ARE TACKLING SOME OF SOCIETY'S TOUGHEST CHALLENGES. 102,695
    THE STRANDBERG FAMILY CHARITABL
    PO BOX 9389
    AVON,CO81620
    NONE PC THIS ORGANIZATION HAS NOT PROVIDED GUIDESTAR WITH A MISSION STATEMENT. 446,961
    THE UNIVERSITY OF CHICAGO
    5235 S HARPER COURTH 4TH FLOOR
    CHICAGO,IL60615
    NONE PC THE UNIVERSITY OF CHICAGO IS AN UNPARALLELED RESEARCH INSTITUTION, KNOWN THROUGHOUT THE WORLD FOR ITS BOLD PURSUIT OF KNOWLEDGE, ITS EXTRAORDINARY DEDICATION TO BOTH GRADUATE AND UNDERGRADUATE EDUCATION, AND ITS LEGACY OF REVOLUTIONARY DISCOVERY. 71,174
    TOWN SCHOOL FOR BOYS
    2750 JACKSON STREET
    SAN FRANCISCO,CA94115
    NONE PC TO PROVIDE A RICH, CHALLENGING AND RIGOROUS EDUCATIONAL EXPERIENCE THAT ADDRESSES THE DISTINCTIVE ENERGY LEVELS AND DEVELOPMENTAL STYLES OF BOYS 5,285
    UC BERKELEY FOUNDATION
    1995 UNIVERSITY AVE STE 401
    BERKELEY,CA94704
    NONE PC SUPPORTS AND ADVANCES THE MISSION OF THE UNIVERSITY OF CALIFORNIA, BERKELEY BY ENCOURAGING PRIVATE PHILANTHROPY. 109,237
    UCSF
    220 MONTGOMERY ST FL 5
    SAN FRANCISCO,CA94104
    NONE PC TO ENCOURAGE PRIVATE GIVING TO THE UNIVERSITY OF CALIFORNIA, SAN FRANCISCO 25,623
    UNITED STATES OLYMPIC COMMITTEE
    1 OLYMPIC PLAZA
    COLORADO SPRINGS,CO80909
    NONE PC EMPOWER TEAM USA ATHLETES TO ACHIEVE COMPETITIVE EXCELLENCE AND INSPIRE OUR NATION. 76,061
    US SKI AND SNOWBOARD FOUNDATION
    PO BOX 100
    PARK CITY,UT84060
    NONE PC OPERATES FOR THE BENEFIT AND SUPPORT OF AMATEUR SKIING AND SNOWBOARDING, INCLUDING COACHING AND TRAINING ATHLETES IN THESE SPORTS. 157,366
    USA NORDIC SPORT INC
    PO BOX 683757
    PARK CITY,UT84068
    NONE PC TO GROW AND PROMOTE THE SPORTS OF SKI JUMPING AND NORDIC COMBINED IN THE UNITED STATES BY PROVIDING LEADERSHIP TO NATIONS CLUBS AND RESOURCES TO THE NATIONAL TEAMS. 35,693
    USC SCHOOL OF CINEMATIC ARTS
    UNIVERSITY GARDENS UGB203
    LOS ANGELES,CA90089
    NONE PC OUR INTERDISCIPLINARY APPROACH ENABLES STUDENTS, REGARDLESS OF THEIR CHOSEN AREA OF SPECIALIZATION, TO TAKE COURSES ACROSS OUR SEVEN DISCIPLINES, WITHOUT BOUNDARIES, IN ORDER TO TRAIN FULLY-FORMED MEDIA MAKERS, COLLABORATORS, AND SCHOLARS SITUATED TO FLOURISH IN THEIR CHOSEN CAREER PATH. 52,147
    USST FOUNDATION
    PO BOX 100
    PARK CITY,UT84060
    NONE PC OPERATES FOR THE BENEFIT AND SUPPORT OF AMATEUR SKIING AND SNOWBOARDING, INCLUDING COACHING AND TRAINING ATHLETES IN THESE SPORTS. 25,495
    WOOD RIVER LAND TRUST
    119 E BULLION ST
    HAILEY,ID83333
    NONE PC THE WOOD RIVER LAND TRUST PROTECTS AND RESTORES LAND, WATER, AND WILDLIFE HABITAT IN THE WOOD RIVER VALLEY AND ITS SURROUNDING AREAS. WE WORK COOPERATIVELY WITH PRIVATE LANDOWNERS AND LOCAL COMMUNITIES TO ENSURE THESE AREAS ARE PROTECTED NOW AND FOR FUTURE GENERATIONS. 25,290
    WOOD RIVER WOMEN'S FOUNDATION
    PO BOX 8683
    KETCHUM,ID83340
    NONE PC DEDICATED TO INSPIRE AND EDUCATE WOMEN TO BECOME LEADERS IN PHILANTHROPY WHILE BRINING SIGNIFICANT, POSITIVE CHANGE TO THE COMMUNITY BY POOLING AND DISTRIBUTING ITS MEMBERS' RESOURCES TO TAX-EXEMPT CHARITABLE ORGANIZATIONS, AND TO INDIVIDUALS AS SCHOLARSHIPS CONSISTENT WITH THE REQUIREMENTS OF THE IRC AND TREASURY REGULATIONS. 12,200
    YEAR-UP INC
    45 MILK STREET 9TH FLOOR
    BOSTON,MA02110
    NONE PC YEAR UP'S MISSION IS TO CLOSE THE OPPORTUNITY DIVIDE BY PROVIDING URBAN YOUNG ADULTS WITH THE SKILLS, EXPERIENCE, AND SUPPORT THAT WILL EMPOWER THEM TO REACH THEIR POTENTIAL THROUGH PROFESSIONAL CAREERS AND HIGHER EDUCATION 26,252
    Total .................................bullet 3a 1,963,341
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
             
    4 Dividends and interest from securities.... 523000 414 14 731,928  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 19,293  
    8 Gain or (loss) from sales of assets other than
    inventory ............
    523000 66 14 1,425,692  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFROM PASSTHROUGH
    523000 -101,289      
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -100,809 2,176,913 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,076,104
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    N/A NOT APPLICABLE
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    THE STRANDBERG FAMILY FOUNDATION
    C/O JEFFREY C KIRWOOD
    Employer identification number

    47-2625117
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    THE STRANDBERG FAMILY FOUNDATION
    C/O JEFFREY C KIRWOOD
    Employer identification number
    47-2625117
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    1
    DIANA STEVEN STRANDBERG  
    8181 E TUFTS AVE SUITE 600
     
    DENVER, CO80237

    $ 163,596


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    THE STRANDBERG FAMILY FOUNDATION
    C/O JEFFREY C KIRWOOD
    Employer identification number

    47-2625117
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    SECURITIES $ 163,596 2019-03-31
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    THE STRANDBERG FAMILY FOUNDATION
    C/O JEFFREY C KIRWOOD
    Employer identification number

    47-2625117
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    THE STRANDBERG FAMILY FOUNDATION
     
    C/O JEFFREY C KIRWOOD
    EIN:
    47-2625117
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 18,000 9,000 0 9,000

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE STRANDBERG FAMILY FOUNDATION
     
    C/O JEFFREY C KIRWOOD
    EIN:
    47-2625117
    Name of Stock End of Year Book Value End of Year Fair Market Value
    FIDELITY INVESTMENTS-1069 34,850,164 34,850,164

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE STRANDBERG FAMILY FOUNDATION
     
    C/O JEFFREY C KIRWOOD
    EIN:
    47-2625117
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CRESCENT CAPITAL BDC AT COST 2,691,434 2,691,434
    FORESITE CAPITAL FUND III, LP AT COST 189,536 189,536
    IDG CHINA VENTURE CAPITAL FUND V, LP AT COST 195,737 195,737
    QUANTUM ENERGY PARTNERS VII-D CO-INVESTMENT FUND, LP AT COST 34,468 34,468
    QUANTUM PARALLEL PARTNERS VII-D, LP AT COST 227,779 227,779
    REDWOOD DOMESTIC FUND, LP AT COST 633,327 633,327
    VR GLOBAL OFFSHORE FUND LTD. AT COST 230,945 230,945
    YORKTOWN ENERGY PARTNERS XI, LP AT COST 473,920 472,920
    TCV X LP AT COST 77,459 77,459

    TY 2018 OtherDecreasesSchedule
    Name:
    THE STRANDBERG FAMILY FOUNDATION
     
    C/O JEFFREY C KIRWOOD
    EIN:
    47-2625117
    Description Amount
    NONDEDUCTIBLE EXPENSES 30,000


    TY 2018 OtherExpensesSchedule
    Name:
    THE STRANDBERG FAMILY FOUNDATION
     
    C/O JEFFREY C KIRWOOD
    EIN:
    47-2625117
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMIN FEES 2,666 1,333 0 1,333
    PASSTHROUGH CHARITABLE CONTRIBUTION 3 2 0 0
    PASSTHROUGH O&G EXPENSES 55,594 597 0 0
    PASSTHROUGH ORDINARY LOSS 45,940 0 0 0
    PASSTHROUGH OTHER DEDUCTIONS 15,475 15,124 0 0


    TY 2018 OtherIncomeSchedule2
    Name:
    THE STRANDBERG FAMILY FOUNDATION
     
    C/O JEFFREY C KIRWOOD
    EIN:
    47-2625117
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FROM PASSTHROUGH 19,293 19,293  
    FROM PASSTHROUGH 0 0 0


    TY 2018 OtherIncreasesSchedule
    Name:
    THE STRANDBERG FAMILY FOUNDATION
     
    C/O JEFFREY C KIRWOOD
    EIN:
    47-2625117
    Description Amount
    COST/FMV DIFFERENCE OF STOCK 1,733,109


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE STRANDBERG FAMILY FOUNDATION
     
    C/O JEFFREY C KIRWOOD
    EIN:
    47-2625117
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER PROFESSIONAL FEES 18,014 18,014 0 0


    TY 2018 TaxesSchedule
    Name:
    THE STRANDBERG FAMILY FOUNDATION
     
    C/O JEFFREY C KIRWOOD
    EIN:
    47-2625117
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX EXPENSE FEES 48,023 48,023 0 0